Princeton Portfolio Strategies Group LLC increased its stake in shares of Brookdale Senior Living Inc. (NYSE:BKD) by 3.7% in the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 81,030 shares of the company’s stock after buying an additional 2,894 shares during the period. Princeton Portfolio Strategies Group LLC’s holdings in Brookdale Senior Living were worth $1,192,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Royce & Associates LP increased its holdings in Brookdale Senior Living by 6.2% during the second quarter. Royce & Associates LP now owns 1,096,000 shares of the company’s stock worth $16,122,000 after buying an additional 63,500 shares during the last quarter. IMS Capital Management increased its holdings in Brookdale Senior Living by 2.6% during the second quarter. IMS Capital Management now owns 70,455 shares of the company’s stock worth $1,036,000 after buying an additional 1,803 shares during the last quarter. Prudential Financial Inc. increased its holdings in Brookdale Senior Living by 57.8% during the second quarter. Prudential Financial Inc. now owns 1,112,727 shares of the company’s stock worth $16,368,000 after buying an additional 407,604 shares during the last quarter. Chartwell Investment Partners LLC purchased a new stake in Brookdale Senior Living during the first quarter worth about $1,458,000. Finally, Neuberger Berman Group LLC increased its holdings in Brookdale Senior Living by 56.6% during the first quarter. Neuberger Berman Group LLC now owns 19,926 shares of the company’s stock worth $268,000 after buying an additional 7,200 shares during the last quarter. Institutional investors and hedge funds own 99.71% of the company’s stock.

Shares of Brookdale Senior Living Inc. (BKD) traded down 0.56% during trading on Friday, reaching $10.71. 1,657,019 shares of the company’s stock were exchanged. The firm’s market cap is $2.00 billion. The stock has a 50-day moving average price of $11.38 and a 200 day moving average price of $13.10. Brookdale Senior Living Inc. has a 12 month low of $10.54 and a 12 month high of $16.45.

Brookdale Senior Living (NYSE:BKD) last released its quarterly earnings results on Monday, August 7th. The company reported ($0.23) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.56 by ($0.79). Brookdale Senior Living had a negative net margin of 10.14% and a positive return on equity of 6.00%. The business had revenue of $1.19 billion for the quarter, compared to analysts’ expectations of $1.14 billion. During the same period in the previous year, the company earned ($0.19) EPS. Brookdale Senior Living’s revenue for the quarter was down 5.7% compared to the same quarter last year. On average, analysts forecast that Brookdale Senior Living Inc. will post $1.80 EPS for the current year.

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A number of brokerages have weighed in on BKD. Zacks Investment Research upgraded shares of Brookdale Senior Living from a “hold” rating to a “buy” rating and set a $16.00 target price for the company in a research report on Monday, July 3rd. Jefferies Group LLC reiterated a “buy” rating and set a $16.50 target price on shares of Brookdale Senior Living in a research report on Friday, July 14th. BidaskClub lowered shares of Brookdale Senior Living from a “hold” rating to a “sell” rating in a research report on Wednesday, July 19th. ValuEngine lowered shares of Brookdale Senior Living from a “hold” rating to a “sell” rating in a research report on Sunday, September 3rd. Finally, Stifel Nicolaus cut their target price on shares of Brookdale Senior Living from $20.00 to $16.00 and set a “buy” rating for the company in a research report on Tuesday, August 8th. Five investment analysts have rated the stock with a sell rating and four have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $16.33.

Brookdale Senior Living Profile

Brookdale Senior Living Inc operates senior living communities in the United States. The Company operates independent living, assisted living and dementia-care communities, and continuing care retirement centers (CCRCs). It operates through five segments: Retirement Centers; Assisted Living; CCRCs-Rental; Brookdale Ancillary Services and Management Services.

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Institutional Ownership by Quarter for Brookdale Senior Living (NYSE:BKD)

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